16207 Eldridge PkwyTomball, TX 77377

This exceptional investment opportunity presents a 0.76-acre commercial property located at 16207 & 16211 N. Eldridge Pkwy in Tomball, Texas, 77377. The property boasts approximately 3,562 square feet of existing retail space, situated on a prominent corner lot with over 200 feet of frontage on N. Eldridge Parkway and Guernsey Drive. The asking price is $1,495,000, translating to $419.71 per square foot. Beyond the existing structure, the property offers significant redevelopment potential. Pre-approved plans and a survey are available for a three-unit multi-family building, adding approximately 5,018 square feet of foundation already permitted for construction. This versatile property is ideally suited for either continued retail use or conversion into a multi-family development. Its location within a densely populated residential and commercial area, coupled with its proximity to major thoroughfares like Spring Cypress Road (approximately 0.40 miles) and SH 249 (approximately 1.4 miles), ensures high visibility and accessibility. A detailed demographic package is available for serious inquiries. This is a rare chance to acquire a prime piece of real estate in a thriving Texas market. Don't miss this opportunity to capitalize on the strong demand and growth potential of this desirable location.